Sports Economy

Shanghai Targets 35 Billion Yuan Yearly From Sports Events by 2030

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Shanghai Targets 35 Billion Yuan Yearly From Sports Events by 2030

Shanghai – November 12, 2026 -- Shanghai aims for major sporting events to generate an average annual economic impact of at least 35 billion yuan ($5.21 billion) by 2030, according to its 15th Five-Year Plan (2026-30) for sports development.

Plan sets 2.2 percent GDP share for the sports industry

The sports industry's value added is targeted at about 2.2 percent of GDP. On the public side, around 58 percent of residents should take part in sports regularly, and sports venue area per capita should reach approximately 2.9 square meters.